13 Apr 2016

While intensifying efforts to improve access to finance, especially among Small and Medium Enterprises (SMEs), the Central Bank of Nigeria (CBN), and other stakeholders have advocated a credible credit reporting system to mitigate the risks of rising non-performing loans (NPLs) in the financial system. Credit reporting, a tracking of individual and corporate loans in Nigeria’s financi...

13 Apr 2016

Access to credit from banks and other credit institutions has remained one of the main challenges hampering the growth and development of businesses in Nigeria, despite the recent leap of the country on the World Bank’s Ease of Doing Business Index. Players in the nation’s economy have been lamenting the situation, which has severely impacted on the nation’s real sector, which ought to ...